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Amig Chaco Group
In this Group: Wilma Cecilia, Marcelina, Adela, Isabel, Martha, Julia, Lidia, Sonya, Eva, Apaza Eva, Juana, Fanny, Evelyn Mayra
Martha M. is a member of the Amig Chaco group, which belongs to the Collpani community center. She knits clothes for babies and children up to 5 years old. When she started, she knit by hand. As time passed, she bought a machine and her production has increased. Martha estimates that the purchase of clothes for the end of the year festivities will increase, and she needs a loan to buy the raw material like wool. She buys her supplies at the 16 de Julio (a fair), and also sells her products at the 16 de Julio. Her customers are women who have fixed sales places. That means that she sells wholesale, and the other people sell by the unit. Martha has five children that she takes care of and protects.

Another example is Evelyn L., who is only 19. She goes to school and she makes clothes like skirts. With her mother’s help, she sells them in Desaguadero, Los Yungas, and Santa Cruz. She is single, and she wants to continue studying and expanding her business. She needs a loan to buy fabric.

The other members of the group also need the loan to buy products.
View original language description ↓
Martha M. integrante del grupo Amig Chaco que pertenece al Centro Focal Collpani, se dedica al tejido de ropa de bebe y niño hasta los 5 años, en sus inicios ella tejía a mano y con el pasar del tiempo se compró una máquina y su producción ha incrementado, Martha estima que por las fiestas de fin de año la compra de ropa se incrementará por lo que necesita el préstamo para comprar materia prima como la lana, ella compra los insumos de la 16 de Julio y vende sus productos también el la 16 de Julio, sus clientes son señoras que tienen lugares de venta fijo, es decir, ella entrega al por mayor y son otras personas las que venden por unidad, Martha tiene 5 hijos a los cuales cuida y protege. Otro ejemplo es Evelyn L. con solo 19 años ella estudia y costura ropa como faldas y con el apoyo de su madre los vende en Desaguadero, los Yungas y Santa Cruz, ella es soltera y desea seguir estudiando y ampliar el negocio, por lo que necesita el préstamo para comprar tela. Las demás integrantes del grupo también necesitan el préstamo para comprar productos.


Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $5,500
    Average annual income
  • 181
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 7.0
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Amig Chaco Group's $3,925 loan helped a member buy raw material (wool, fabric) and products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2010